CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

Hourly labour costs in the EU 2017

In 2017, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €26.8 in the European Union (EU) and €30.3 in the euro area.

However, this average masks significant gaps between EU Member States:

  • Lowest hourly labour costs: Bulgaria (€4.9), Romania (€6.3), Lithuania (€8.0), Latvia (€8.1), Hungary (€9.1) and Poland (€9.4),
  • Highest hourly labour costs: Denmark (€42.5), Belgium (€39.6), Luxembourg (€37.6), Sweden (€36.6) and France (€36.0).

 

Hourly labour costs in industry were €27.4 in the EU and €33.4 in the euro area. In services, they were €26.6 and €29.3, respectively.

In construction, hourly labour costs were €23.7 in the EU and €26.7 in the euro area. In the mainly non-business economy (excluding public administration), they were €27.2 and €30.1, respectively.

 

The share of non-wage costs in total labour costs for the whole economy was 24.0% in the EU and 25.9% in the euro area. It ranged from 6.7% in Malta to 32.8% in France.

 

 

In 2017, compared to previous year, hourly labour costs in the whole economy expressed in € rose by 2.3% in the EU and by 1.9% in the euro area.

Within the euro area,

  • largest increases: Baltic Member States: Lithuania (+9.0%), Estonia (+7.4%) and Latvia (+7.0%).
  • only decrease in Finland (-1.5%).

For Member States outside the euro area in 2017,

  • largest increases: Romania (+17.1%) and Bulgaria (+12.0%).

 

Further information:

Hourly labour costs 2017

 

Source: Eurostat, http://ec.europa.eu/eurostat/

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Posted in General Market News, Market Trends & Statistics

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